News

Aegon has substantially improved its critical illness plan, according to critical illness comparison site CIExpert.

The total number of expatriates worldwide amounted to around 50.5 million in 2013 a compound annual growth rate of 2.4% since 2009, given that there were around 46.0 million expatriates in that year.

Aegon UK said it is ‘continuing its drive back to the top of the protection market' with improvements to its Critical Illness (CI)cover.

The Bank of England's Monetary Policy Committee (MPC) should hold off on raising interest rates even though its stated threshold for doing so - a fall in the unemployment rate to 7% - is in sight, according to a report.

Confidence and overall business volumes in the life insurance sector ‘rose strongly' over the past three months to its highest level since the Retail Distribution Review (RDR) was introduced, a survey suggests.

The Association of Medical Insurers and Intermediaries (AMII) has praised what it described as ‘long overdue' recommended changes to the private healthcare market.

Lifestyle risk factors are more prevalent among low income earners, a study has found, demonstrating a direct link between income and health.

Group risk insurer Ellipse has re-launched its group income protection (GIP) product, Interact, after revising the pricing basis.

LifeQuote has added critical illness (CI) to Quote+ which it expects to lead to higher conversions for brokers and more clients accepted at standard rates.

Income protection (IP) has scope for a money-back guarantee so the premium is returned to the consumer in the event it does not pay out as expected, delegates heard at the launch of the IPTF's Signposts for Income Protection.